Bitcoin Treasury Company KindlyMD Faces Nasdaq Delisting Risk as Stock Falls Below $1, Needs Rebound by June 8, 2026

COINOTAG News notes that KindlyMD, trading on Nasdaq under ticker NAKA, operates as a Bitcoin treasury company and faces a Nasdaq delisting risk after its shares traded below $1 for 30 consecutive sessions. To avert delisting, KindlyMD must lift and sustain a price above $1 for 10 consecutive trading days by June 8, 2026. The latest close was around $0.38, marking a fresh low from the late-October slide.

KindlyMD owns 5,398 bitcoins, valued at roughly $466 million, ranking as the world’s 19th largest corporate Bitcoin holder. The company was formed via a reverse merger in August with Nakomoto. From a May all-time high, the equity has fallen by about 99%, underscoring the volatility weighing crypto-linked equities and the need for credible liquidity signals.